AVAX/USDT – 30M – SELLThe pair moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 26.030000000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 26.700000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 26.03 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 26.700000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.190000000 |
| 2nd High | 26.850000000 |
| Next High | 26.700000000 |
| Current Price | 26.120000000 |
| Next Low | 26.030000000 |
| 2nd Low | 25.100000000 |
| 3rd Low | 23.900000000 |